March 17 (Reuters) - Oil and gas producer Harvest Natural
Resources Inc said it was not sure when the Venezuelan
government would approve the sale of its remaining assets in the
country.

Shares of Harvest Natural, which also reported a bigger
quarterly loss, fell as much as 10 percent to $3.90 on Monday on
the New York Stock Exchange.

The company is in the process of exiting Venezuela by
selling its stake in Petrodelta SA - a joint venture with
state-owned Petroleos de Venezuela SA - to
Argentinian oil and gas company Pluspetrol for about $400
million.

Harvest Natural's Venezuelan asset is its only producing
asset. The company sold a part of its assets in the country for
$125 million in December.

"A lot of that's (the sale of remaining assets) dependent on
the conversation between Pluspetrol and ... the ministry in
terms of plans going forward for the asset," Harvest Natural
Chief Executive James Edmiston said on a conference call.
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